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Lime Fx Reviews Read Customer Service Reviews of Lime Fx com
Although Lime Fx is regulated by just 2 regulatory bodies, it does business in multiple jurisdictions worldwide. It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. Lime Fx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption and two-step authentication to protect clients’ confidential data. The video course provides a sound introduction to forex and forex trading, helping beginner traders to grasp things quickly.
- With more than 42 million accounts spread across 180 countries, multi-regulated broker Lime Fx provides a wide range of trading options across asset classes.
- The added 50% deposit bonus further enhances the platform’s appeal, offering traders extra value when funding their accounts.
- The network charged a fee of 1 USDT, and the remaining amount was credited to our account in USD within minutes.
- However, traders should be mindful of potential third-party charges that may apply depending on the payment provider used.
- This means that you can never lose more money than the balance of your account.
Here are few more additonal features that are available aminly on Intrrnational branch. Lime Fx has good educational and training tools for beginners as well as expert traders. According to data, traders using Lime Fx’s educational content tend to make a larger profit which is indeed a benefit. Lime Fx research upholds elite-level online training & education quality that is grounded firmly on empirical and social science. Lime Fx is among the fastest brokers in terms of fund accessibility since withdrawal requests are handled quickly—usually within one to scammed by limefx three hours.
This value-added feature enables traders to run their automated trading strategies 24 hours a day, seven days a week, without relying on the availability of their devices. Aside from the expected advanced order types, MT5 includes a built-in economic calendar within the trading interface. This feature is often overlooked but is extremely valuable for Emirati traders who want to incorporate fundamental analysis into their strategies. Yes, the platform is designed to be user-friendly, making it appealing to both novice and experienced traders. Some topics include, risk management, trading strategies, and technical and fundamental analysis. New traders might enjoy the firm’s Introduction to the Forex Market as their first read.
Lime Fx Compared to Other Brokers
This is great for skilled traders who want good charting services. Every Lime Fx client can participate in the Champion Demo Contest by trading in a demo account. The top 5 users with the highest balance by the end of the contest round can win prizes ranging from $500 to $40. To participate, log in or sign up, open a new Champion contest account, download the MT4 platform or use the browser version, trade starting from 8 May, and aim for the highest balance to win a prize.
Key Features
Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated. No, the broker does not offer real shares as part of its trading instruments. You can access the broker’s copy trading service by downloading the copytrading app.
Available Assets at Lime Fx
The support team is recognized for being responsive and knowledgeable, helping clients resolve issues efficiently. In addition, Lime Fx’s website features a comprehensive FAQ section, providing answers to common queries and offering further support for users. This commitment to customer service enhances the overall trading experience, giving traders confidence that help is readily available when required. The company currently has a proprietary trading platform known as Lime FxTrader.
The web-based Lime FxTrader platform is well-designed and intuitive. Popular features such as 1-click trading, alerts, and watchlists are available. Traders can access all basic order types (market, limit, stop loss) via the platform. MT5 provides a greater number of technical indicators, timeframes, and graphical objects.
It’s always nice to have extra security tools thrown in and Lime Fx provides more than most. The Lime Fx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals. Platform choice ultimately comes down to personal preference, but Lime Fx has signalled its intent by offering its clients the choice of two market-leading platforms. During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that Lime Fx offers its clients.
Lime Fx forex broker (Company Information + Regulation)
The floating spreads can start from 0 pips depending on your account type. However please be aware that some fees may be applied in certain cases. All of the same withdrawal methods are also available as your deposit method.
Moreover, Lime Fx is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto. We’re glad to hear you’re enjoying our tight spreads and the speed of our deposit and withdrawal process, as it means a lot to us.We also appreciate your suggestion regarding lowering the minimum deposit. This Lime Fx review aims to give a clear view of the broker and its services. We hope, with these insights, anyone interested in Lime Fx trading opportunities could decide whether to invest in them https://limefx.group/ or not. Users from all over the world have traded in the financial markets using our platforms and mobile apps.
It also keeps client funds in segregated accounts, further ensuring their safety. In addition, Lime Fx has developed a strong reputation for transparency and reliability, which has contributed to making it a trusted and reputable option for traders across the globe. I think Lime Fx is a solid option as it provides excellent features that I think will appeal to a variety of traders.
Risk Management
Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment. It is essential to be fully aware of these risks before engaging in any trading activity. At Lime Fx there is an option to submit for a Demo practice account and use the unlimited sources to polish strategy or get to know platforms and Lime Fx conditions better. Account opening isnt hard, alike in our tests we opened Demo account in a matter of minutes you just have to follow simple submit on website and get started. Overall, we advise to check conditions based on Lime Fx entity you wish too trade through. Besides, another license was obtained in South Africa regulated by FSCA giving a better expansion and regulated access to Africa Market.
- Unlike most brokers, Lime Fx does not charge any kind of inactivity fee.
- It provides in-depth research conducted by in-house analysts and access to third-party tools such as AutoChartist.
- Traders get 21 timestamps, graphs, and support for additional order products.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
If you want to see how Lime Fx’s spreads compete with other Malaysian brokers, I created a simple trading cost tool that you can use. The other feature I liked was that you do not pay swap fees on your CFD positions, saving you money should you keep your trades open longer than 24 hours. This makes Lime Fx an attractive option for stock trading CFDs as you won’t need to worry about swap fees cancelling any day’s profits, so you can keep the positions open. It was awarded ‘Most Reliable Broker Asia 2023’ and has a high trust score according to user reviews. Funding and withdrawal options in Lime Fx are diverse, so you can choose what works for you and which one is easier. The broker is providing options to deposit and withdraw in USD or Euro.
Deposit Options and Fees
Lime Fx gives a high priority to analysis and education for both new and experienced traders to its platform, having won a couple of awards in 2023 for ‘best education broker’. All the background materials are of high quality, and the videos are supported on YouTube. The Lime Fx MT5 pro account is one which they recommend for the more experienced traders. With that said, the minimum deposit here is still low enough for all types of trader to get involved.
Also, Lime Fx hardly ever has any issues with order delays or extra costs, except for some rules that might slow down traders who make a lot of trades quickly. For example, you can deposit and withdraw using visa debit and credit cards with a minimum deposit of $25. While using credit and debit cards from MasterCard would give you options to fund or withdraw €50.
The live chat is 24/7 which is great to see, but the experience I’d say is a mixed bag. I like that you don’t have to fill out a questionnaire for support, you are taken directly to help in the form of AI. Crypto is the slowest to deposit with 3-30 minutes which is still extremely fast in my books as some brokers can take 24 hours to credit your account. I’d like to have seen an option for bank transfers as I feel most secure about this process. However, Lime Fx has e-wallet options through Neteller and Skrill were also a positive as they also provide instant funding like the Mastercard option. These are two offshore regulators that allow Lime Fx to provide secure financial services in 180 countries.
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